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The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
TYSONS CORNER, VA, May 10, 2016 ” Janus Global Operations, formerly Sterling Global Operations, has opened a new regional hub in Dubai to support government and commercial clients in the Middle East, Asia and Africa, ExecutiveBiz reported Monday. The company said Thursday the Dubai office will also serve as an administrative center for ser...
Palo Alto, California-based aerospace company Space Systems Loral has appointed Michael Gold as vice president of its Washington operations. Gold, who previously worked for Bigelow Aerospace as director of Washington operations and business growth, will work to assist SSL’s government business expansion goals and establish its p...
Spencer Abraham, former Energy secretary, and Joseph McMonigle, former vice chairman of the International Energy Agency, have joined Blank Rome Government Relations as principals. The Pennsylvania-based law firm said Monday Abraham and McMonigle’s new roles entail client assistance across a variety of areas including policy and ...
ALATEC has purchased Huntsville, Alabama-based information technology services provider USi for an undisclosed sum in an effort to expand its IT offerings for federal government and commercial clients. ALATEC, a service-disabled, veteran-owned small business in Huntsville, has also changed its name to Ignite as part of its corporate rebranding effor...
The U.S. Army has awarded four companies spots on a potential $249.8 million contract for analytic software research and development services related to persistent intelligence, surveillance and reconnaissance. The multiple-award contract will run through May 5, 2021, with funding and work location based on each individual task order, the ...
The GovCon Index closed Friday with a 0.634-point increase to 7.206 amid buying activity in U.S. financial markets. The GCI also posted a weekly gain of 0.845 points as earnings reports from contractors over the past week — including Huntington Ingalls Industries (NYSE: HII), Engility Holdings (NYS...
The GovCon Index rode the wave of buying activity in U.S. financial markets Friday and closed up 0.634 points to 7.206, which put the GCI at a weekly gain of 0.845 points to start May after a series of earnings reports from contractors that exceeded analyst expectations. Shipbuilder Huntington Ingalls Industries (NYSE: ...
May 2 – May 6 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The first full week of May represented another checkpoint for investors to gauge the financial performance of the U.S.™ largest government contractors and get an idea of what the domestic and global GovCon...
TYSONS CORNER, VA, May 6, 2016 ” NASA astronauts visited Boeing‘s (NYSE: BA) St. Louis facility in Missouri to train on launch, flight and return operations for the CST-100 Starliner spacecraft using cloud-based, touchscreen simulators, Executive Gov reported Thursday. The space agency said April 27 two commercial crew astr...
